Kentucky Gov. Steve Beshear March 17 signed into law a bill that will erase the state tax for on-track pari-mutuel handle on live races at Keeneland during the two days of the Breeders' Cup Oct.30-31.
The Kentucky Thoroughbred industry is more than holding its own despite national declines and the absence of alternative revenue sources available in other states, officials said Feb. 3 at the CBA symposium.
Legislation to authorize a pari-mutuel tax break for Keeneland, which will host this year's Breeders' Cup World Championships, has been filed in the Kentucky General Assembly.
The Kentucky General Assembly Interim Joint Subcommittee on Horse Farming was given a generally positive update on the status of the racing and breeding industry in the state Nov. 12 in light of years of declines.
The Kentucky General Assembly early March 30 signed off on a $20 billion state budget that includes revenue components for the horse racing and breeding industry, including tax rates for Instant Racing and ADW.
Legislation authorizing a more liberal use of the Kentucky Thoroughbred Development Fund sailed through a Senate committee Jan. 14.
The Kentucky Equine Drug Research Council, on a 4-2 vote Dec. 3, recommended the Kentucky Horse Racing Commission adopt the national uniform medication rules for Thoroughbred racing.
The Kentucky Senate Feb. 28 refused to accept a funding measure that would have shifted most revenue from historical race wagering to retirement programs at the expense of the horse industry.
A Kentucky lawmaker said a General Assembly vote on a constitutional amendment on casino gambling hinges on several factors, none of which appear to be in place during the current legislative session.
The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.
Two lawmakers in leadership positions in the Kentucky General Assembly said Dec. 10 the issue of expanded gambling remains on the table, but whether a bill materializes depends on Gov. Steve Beshear.
Republican Kentucky Sen. Damon Thayer, who has been involved with most legislation involving the horse industry in recent years, was elected majority floor leader Nov. 28 during a GOP Senate leadership caucus.
That Turfway Park is struggling to fill live racing programs for its 16-day meet is no surprise to horsemen, who believe a "perfect storm" developed in September.
A Kentucky legislative subcommittee, in a surprise vote, found regulations governing equine medication "deficient" Aug. 27, just one week before they are scheduled to take effect.
A Kentucky senator who chairs a committee that passed a constitutional amendment on expanded gambling Feb. 22 said he will oppose a call to have the bill voted on by the full Senate Feb. 23.
Legislation authorizing a constitutional amendment on expanded gambling in Kentucky will be introduced the morning of Feb. 14, officials said.
Kentucky Sen. Damon Thayer reaffirmed his support for a constitutional amendment on expanded gambling Feb. 9, and in the wake of allegations he has conflicts of interest, released a client list for his consulting business.
A lawsuit over legislative redistricting and the resulting extension of the filing deadline for the November election has stalled action on a constitutional amendment on expanded gambling in Kentucky.
Kentucky Gov. Steve Beshear said Jan. 31 he expects a casino gambling amendment to be introduced "in a few days," and again accused Republican Sen. President David Williams of attempting to derail the process.
The parameters of a constitutional amendment on casino-style gambling in Kentucky have been agreed upon, and legislation will be introduced soon, the governor's office said Jan. 25.
Legislation that would impose an excise tax on advance deposit wagers made by Kentucky residents was introduced in the state House of Representatives Jan. 9.
Bipartisan efforts to get a constitutional amendment on casino gambling on the 2012 ballot in Kentucky continued Dec. 29 when Democratic Gov. Steve Beshear met with Republican Sen. Damon Thayer.
The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.
The Kentucky Equine Drug Research Council, citing its statutory mission, will be involved in the debate over race-day medication, officials said May 25.
Democratic Gov. Steve Beshear May 2 ceremonially signed into law the Interstate Racing and Wagering Compact legislation sponsored by Republican Sen. Damon Thayer.
Legislation authorizing Kentucky to join the proposed National Racing Compact is scheduled to be heard by the Senate Committee on State and Local Government Feb. 9.
Republican Kentucky Sen. Damon Thayer has pre-filed a bill that would authorize an interstate racing and wagering compact with Kentucky as a member.
There may be growing sentiment in the Kentucky legislature to pass a measure authorizing a constitutional amendment on racetrack gaming, officials indicated after the Nov. 2 election.
A Kentucky Horse Racing Commission committee is considering changes to the state's Breeders' Incentive Fund, money for which comes from a 6% sales tax on stud fees.
On the heels of a successful opening weekend at Ellis Park comes word of a few initiatives that, if they come to fruition, could generate or repurpose revenue for Kentucky racing. But will it be enough?
As Breeders' Cup considers a future host site schedule complicated by recent actions in California, a Kentucky lawmaker has reiterated the state's favorable tax climate in hosting the World Championships.
Legislation offering a financial incentive to Breeders' Cup if it commits to holding the World Championships in Kentucky in 2011, 2012, or both years, was signed into law by Gov. Steve Beshear April 6.
Legislation to authorize Instant Racing at Kentucky racetracks apparently won't come up again anytime soon.
Republican Kentucky Sen. Damon Thayer spent more than an hour March 18 in a GOP caucus in an attempt to make a case for Instant Racing via statutory approval.
Legislation to aid the horse industry in Kentucky may be dead after developments in the state capital March 17.
Legislation authorizing Instant Racing, a tax on advance deposit wagering, and a reduction in the pari-mutuel excise tax sailed through the Kentucky Senate Committee on State and Local Government March 11.
A poll indicating strong support for racetrack video lottery terminals -- and even stronger support for a constitutional amendment on the issue -- generated plenty of talk among Kentucky legislators Feb. 3.
Legislation calling for a constitutional amendment on any expansion of gambling in Kentucky passed a Senate committee Jan. 20 on a predictable party-line vote.
A Kentucky lawmaker has again requested an opinion from the state attorney general as to whether Instant Racing machines are legal under pari-mutuel statutes.
As the Kentucky Equine Education Project vows to continue its legislative push for racetrack gaming, a state lawmaker plans to move forward with his plan for statewide and local option votes on gaming.
The Kentucky Breeders Incentive Fund could be reduced by 30% because of declining revenue, while horse farms "can't withstand another year like 2009," Kentucky lawmakers were told Nov. 10 during a meeting of the Joint Subcommittee on Horse Farming.
Republican Kentucky Sen. Damon Thayer has prefiled legislation calling for a constitutional amendment to authorize racetrack video lottery terminals.
Kentucky's horse racing and breeding industry plans to stand its ground in the wake of a proposal for a constitutional amendment on gaming some have characterized as a politically-motivated stall tactic.
A Kentucky Thoroughbred breeder said Republican lawmakers plan to push for a constitutional amendment on racetrack gaming, but a spokesperson for the state's Senate leader said that's not the case.
Kentucky legislation authorizing a pari-mutuel tax exemption for the Breeders' Cup World Championships was modified to allow for one-day or two-day events and sets a lower purse minimum to qualify for the exemption.
Republican Sen. Damon Thayer, under heavy fire from some in the Kentucky horse industry for not being publicly proactive on racetrack gaming legislation, on June 25 outlined his position on the issue and claimed that a "political war" would only hinder the industry.
The Kentucky Horse Racing Commission announced March 27 the Kentucky Breeders' Incentive Fund will distribute more than $18.7 million in awards for 2008.
A 187-page bill that passed the Kentucky Senate March 13 includes provisions for a tax break for the Breeders' Cup World Championships if the event is held in Kentucky in 2011 or 2012, or 2011 and 2012.
The multi-year quest for a stable funding source for the Kentucky Horse Racing Commission took another turn March 10 when legislation to increase the powers of the KHRC unanimously passed a Senate committee. Whether the bill is approved--and whether the commission gets a new funding source--could be determined on the Senate floor.
A Kentucky lawmaker is preparing racing-related legislation with a primary goal of funding the Kentucky Horse Racing Commission, equine drug testing, and supplements for purses and stakes at the state's racetracks.
Most Popular Stories
- 'Chrome' Draws Outside Post 9 for World Cup
- Fields Shaping Up for Wood Memorial Day
- Gulfstream Should Have Lucrative FL Derby Day
- Four Penn National Vets Face Federal Charges
- Castellano Gears Up for Busy FL Derby Day
- Competitive Edge Wins Comeback at Gulfstream
- One Lucky Dane to Join Dortmund in SA Derby
- License Review Likely for Charged Penn Vets
- Dubai Trackwork Notes, March 27
- Cooperative, Monarch End Simulcast Dispute